Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in New Zealand - 2024
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in New Zealand (CIF) - 2022
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in New Zealand (FOB) - 2022
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in New Zealand
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in New Zealand
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in New Zealand (CIF) - 2022
The average import price for cotton yarn (other than sewing thread), put up for retail sale stood at $18,904 per ton in 2022, surging by 6.1% against the previous year. Overall, the import price, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2015 an increase of 66% against the previous year. As a result, import price reached the peak level of $29,739 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($103,307 per ton), while the price for the UK ($6,796 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in New Zealand (FOB) - 2022
In 2022, the average export price for cotton yarn (other than sewing thread), put up for retail sale amounted to $55,315 per ton, with an increase of 36% against the previous year. Over the period under review, the export price saw strong growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 70% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($66,240 per ton), while the average price for exports to the UK ($42,251 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in New Zealand
In 2022, supplies from abroad of cotton yarn (other than sewing thread), put up for retail sale decreased by -36.6% to 35 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a notable increase from 2019 to 2022: its volume increased at an average annual rate of +4.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale reduced sharply to $664K in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +5.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 32% against the previous year. As a result, imports reached the peak of $988K, and then contracted dramatically in the following year.
| Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 84.1 | 180 | 269 | 196 | 32.6% |
| France | 124 | 176 | 216 | 162 | 9.3% |
| Turkey | 79.4 | 95.7 | 93.7 | 82.3 | 1.2% |
| India | 81.3 | 87.6 | 68.8 | 81.5 | 0.1% |
| Italy | 63.1 | 72.9 | 84.9 | 59.7 | -1.8% |
| Bulgaria | 22.4 | 33.3 | 19.8 | 17.6 | -7.7% |
| Egypt | 3.3 | 6.1 | 19.5 | 12.0 | 53.8% |
| Malaysia | 10.7 | 4.1 | 17.1 | N/A | 26.4% |
| Pakistan | N/A | 20.3 | 76.9 | N/A | 278.8% |
| Others | 98.9 | 70.7 | 121 | 52.6 | -19.0% |
| Total | 568 | 746 | 988 | 664 | 5.3% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to New Zealand in 2022:
- China (19.1 tons)
- Turkey (5.4 tons)
- India (3.8 tons)
- Italy (1.9 tons)
- France (1.6 tons)
- Bulgaria (0.8 tons)
- Egypt (0.6 tons)
Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in New Zealand
After three years of growth, overseas shipments of cotton yarn (other than sewing thread), put up for retail sale decreased by -3.1% to 2.7 tons in 2022. The total export volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 13% against the previous year.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale soared to $150K in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 32%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 17.6 | 50.7 | 32.3 | 69.5 | 58.1% |
| Australia | 33.7 | 30.0 | 24.9 | 27.2 | -6.9% |
| Canada | 20.2 | 17.8 | 18.7 | 13.5 | -12.6% |
| Germany | 4.6 | 6.7 | 8.5 | 8.5 | 22.7% |
| Norway | 2.2 | 1.9 | 3.6 | 7.0 | 47.1% |
| United Kingdom | 4.4 | 2.6 | 2.4 | 5.9 | 10.3% |
| South Africa | 2.2 | 3.0 | 5.2 | 4.7 | 28.8% |
| Netherlands | 3.5 | 3.9 | 2.6 | 4.5 | 8.7% |
| Austria | 2.5 | 1.9 | 5.0 | 1.4 | -17.6% |
| Others | 7.1 | 10.5 | 11.3 | 8.2 | 4.9% |
| Total | 98.0 | 129 | 114 | 150 | 15.2% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from New Zealand in 2022:
- United States (1049.0 kg)
- Australia (520.0 kg)
- Canada (308.0 kg)
- Germany (179.0 kg)
- Norway (147.0 kg)
- United Kingdom (140.0 kg)
- South Africa (107.0 kg)
- Netherlands (89.0 kg)
- Austria (26.0 kg)
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